Montagu House, Padworth Avenue, Reading, RG2

This well presented fourth floor apartment is available as a turn-key investment with a fully referenced tenant in situ and would make an ideal investment purchase currently generating £15,000 rental income per annum (5% yield). Built by Berkeley Homes and situated on the ever popular Kennet Island development, conveniently located close to junction 11 of the M4 and Green Park and offering excellent access in to Reading Town Centre with regular bus services and cycle routes. Kennet Island also benefits from the Piazza which provides a good range of shops, a child day care nursery, the Island Lounge licensed café called 'Fidget and Bob', convenience store, private hospital and the Hilton Hotel. The property comprises; two double bedrooms, the master room has an en suite and there is a further contemporary bathroom and an open-plan reception/ kitchen with a range of integrated appliances. The apartment further benefits from an allocated parking space.

Kennet Island is Located off the A33, the main road leading from junction 11 of the M4 into Reading Town Centre. Close to Green Park and the Madjeski Stadium the development well situated for young professionals and families alike. There are plenty of amenities on the doorstep including the FIT@KI gym, the Island Lounge Café, Hudsons convenience store and the Little Kingdom Day care nursery. There is also the Hilton Hotel with all of its facilities including the LivingWell gym with a swimming pool, steam room and sauna.